68-221-807 - Appropriations.
68-221-807. Appropriations.
(a) (1) There are authorized to be appropriated to the department such funds as the general assembly may appropriate to enable the department to carry out its functions under this part.
(2) Such funds, once appropriated, shall remain available until obligated by the department for not more than two (2) years, without reverting to the general fund.
(b) (1) Not more than twenty-five percent (25%) of such annual appropriation may be allocated to grants under § 68-221-805.
(2) Not more than twenty percent (20%) of such annual appropriation may be used by the department to pay the difference between seventy-five percent (75%) and fifty-five percent (55%) for innovative and alternative technologies under § 68-221-804(c).
(3) Not more than fifteen percent (15%) of such annual appropriation may be made to cover costs for building a reserve capacity as provided in § 68-221-804(h).
[Acts 1984, ch. 768, § 7; T.C.A., § 68-13-807.]